Trading Ball Corp BLL With Integrated Risk Controls

February 16, 2022, 06:30 am ET, BY Billy- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Ball Corp (NYSE: BLL) report below can help you, but we have more details too. The trading plans for BLL, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for BLL

• Buy BLL slightly over 86.91 target 92.97 stop loss @ 86.66 Details

The technical summary data tells us to buy BLL near 86.91 with an upside target of 92.97. This data also tells us to set a stop loss @ 86.66 to protect against excessive loss in case the stock begins to move against the trade. 86.91 is the first level of support below 91.84 , and by rule, any test of support is a buy signal. In this case, support 86.91 would be being tested, so a buy signal would exist.

• Short BLL under 92.97, target 86.91, stop loss @ 93.24 Details

The technical summary data is suggesting a short of BLL as it gets near 92.97 with a downside target of 86.91. We should have a stop loss in place at 93.24though. 92.97 is the first level of resistance above 91.84, and by rule, any test of resistance is a short signal. In this case, if resistance 92.97 is being tested, so a short signal would exist.

Swing Trading Plans for BLL

• Buy BLL slightly over 92.97, target 93.74, Stop Loss @ 92.7 Details

If 92.97 begins to break higher, the technical summary data tells us to buy BLL just slightly over 92.97, with an upside target of 93.74. The data also tells us to set a stop loss @ 92.7 in case the stock turns against the trade. 92.97 is the first level of resistance above 91.84, and by rule, any break above resistance is a buy signal. In this case, 92.97, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short BLL near 92.97, target 91.31, Stop Loss @ 93.24. Details

The technical summary data is suggesting a short of BLL if it tests 92.97 with a downside target of 91.31. We should have a stop loss in place at 93.24 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 92.97, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for BLL

• Buy BLL slightly over 92.97, target 93.30, Stop Loss @ 92.75 Details

If 92.97 begins to break higher, the technical summary data tells us to buy BLL just slightly over 92.97, with an upside target of 93.30. The data also tells us to set a stop loss @ 92.75 in case the stock turns against the trade. 92.97 is the first level of resistance above 91.84, and by rule, any break above resistance is a buy signal. In this case, 92.97, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short BLL near 92.97, target 91.64, Stop Loss @ 93.19. Details

The technical summary data is suggesting a short of BLL if it tests 92.97 with a downside target of 91.64. We should have a stop loss in place at 93.19 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 92.97, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

BLL Ratings for February 16:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Neutral
P1	0	0	86.91
P2	91.64	91.31	92.97
P3	93.30	93.74	98.77

Support and Resistance Plot Chart for BLL

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